Wednesday, October 08 - 2008

GM LAAM sales up by 19%

Middle East: Wednesday, January 23 - 2008 at 10:35

General Motors Latin America, Africa and Middle East (GM LAAM) region set an all-time CYTD record in 2007, selling 1,235,913 vehicles, up 200,600 units over 2006. GM's volume increase of 19.4 percent for the year outpaced the industry growth rate for the region. In addition, LAAM's annual market share increased to 17.2 per cent for the year, representing its highest annual share. GM LAAM sold an all-time quarterly record 341,000 units in the fourth quarter of 2007 to propel the growth. This constitutes an 18 percent increase year-over-year.

Amena Bakr Amena Bakr, Senior Reporter
Wednesday, January 23 - 2008 at 10:35 UAE local time (GMT+4)

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